Hello, I’m Sam Meredith with Thursday’s Main Daily Trading Signals. Here’s how the technical studies compare with the interbank sentiment at 8 AM GMT. First up is the Euro/Dollar with 4 bearish indicators on its hourly chart. The 4-hour scale is split between red and neutral models, and the daily outlook is back to bearish but, in contrast, the interbank is neutral at less than 2% short. Bearish indicators prevail on the Cable’s short-term scale. The mid-term turns neutral with 4 studies, and the long-term sees a mix of red and neutral models. Neutral at less than 6% short, the interbank confirms the 4-hour models. Neutral indicators prevail across the table for the Dollar/Yen, with 6 on both its 1 and 4-hour charts and 5 on the 24-hour scale, but the interbank is bullish at more than 47% long and does not support the technical studies. Pound/Yen sees 6 sell prompts on its hourly chart, and the mid-term brings 6 neutral indicators. The long-term scale is back to bearish. Neutral at less than 11% long, the interbank matches the 4-hour models. And 4 studies point South on Euro/Yen’s short-term scale. The mid-term is divided between red and neutral models, and the long-term scale brings 6 sell prompts. The interbank is strongly bearish at more than 65% short, in line with the 1 and 24-hour models. You’ve been watching the Primary Daily Trading Signals for Thursday. Check back in throughout the day for the latest updates.
Hello, I’m Sam Meredith with Thursday’s Main Daily Trading Signals. Here’s how the technical studies compare with the interbank sentiment at 8 AM GMT.
First up is the Euro/Dollar with 4 bearish indicators on its hourly chart. The 4-hour scale is split between red and neutral models, and the daily outlook is back to bearish but, in contrast, the interbank is neutral at less than 2% short.
Bearish indicators prevail on the Cable’s short-term scale. The mid-term turns neutral with 4 studies, and the long-term sees a mix of red and neutral models. Neutral at less than 6% short, the interbank confirms the 4-hour models.
Neutral indicators prevail across the table for the Dollar/Yen, with 6 on both its 1 and 4-hour charts and 5 on the 24-hour scale, but the interbank is bullish at more than 47% long and does not support the technical studies.
Pound/Yen sees 6 sell prompts on its hourly chart, and the mid-term brings 6 neutral indicators. The long-term scale is back to bearish. Neutral at less than 11% long, the interbank matches the 4-hour models.
And 4 studies point South on Euro/Yen’s short-term scale. The mid-term is divided between red and neutral models, and the long-term scale brings 6 sell prompts. The interbank is strongly bearish at more than 65% short, in line with the 1 and 24-hour models.
You’ve been watching the Primary Daily Trading Signals for Thursday. Check back in throughout the day for the latest updates.
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